Formations is a financial management solution for full-time self-employed who want to enjoy the benefits of fulltime employees without becoming one. Formations automates the creation and ongoing management of S-Corp, the most tax-efficient structure for small businesses, so self-employed can operate as a corporate entity. Using Formations, self-employed save thousands of dollars on their taxes every year, can enjoy a steady paycheck, get real-time insight and recommendations on financial decisions, connect live with a certified bookkeeper or CPA, and gain access to Fortune 500-level benefits like health insurance and 401K. With Formations, self-employed can maximize the financial potential of their business and improve their financial wellbeing. Start your journey today at www.formationscorp.com or use our calculator to learn how much you can add to your net income.
Location: United States, Washington, Bellevue
Employees: 51-200
Total raised: $8M
Founded date: 2019
Investors 2
| Date | Name | Website |
| 10.07.2026 | Montage Ca... | montagecap... |
| - | Arthur Ven... | arthurvent... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 14.04.2022 | Series A | $8M | - |
Mentions in press and media 4
| Date | Title | Description |
| 14.04.2022 | Formations Raises $8M in Series A Funding | Formations, a Bellevue, WA-based financial management solution that maximizes the financial wellbeing of the self-employed, closed an $8m Series A funding. The round was led by Arthur Ventures. The company intends to use the funds to expand... |
| 13.04.2022 | Will Solana become the base layer of Web3? | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Web3 will be the supposed new iteration of the internet. And it will be built on Solana blockchai... |
| 13.04.2022 | Funding news: Fintech startup for freelancers lands $8M; electric car data platform raises $4.5M | Formations co-founders Uri Bar-Joseph (left) and Shahar Plinner. (Formations Photo) — Bellevue, Wash.-based financial services firm Formations raised $8 million. The startup provides services and software to simplify and reduce taxes and ot... |
| 04.05.2021 | Xero : 04/05/2021 - Formations selects Xero as preferred accounting solution to support financial management among self-employed | MEDIA RELEASE Formations selects Xero as preferred accounting solution to support financial management among self-employed Xero platform helps power flexible, tech solution for Formations' clients Denver - May 4, 2021 - Xero, the global sma... |